On Sun, 02 Mar 2008 16:00:19 -0600, cavelamb himself
wrote:


I use a credit card nearly every day, but have no credit card debt, no car
payments, no mortgage on our house. Yes I like it that way! Property taxes
though are a killer in NJ.

Gary H. Lucas




I still use them.
But they get paid off every month.

Credit card companies call guys like us "deadbeats"
because they don't make any money off of us.

I am a member of a credit union, I stopped being ripped off by
banks many years ago when I closed my accounts after being charged
fees on my savings account. My money, lent to them and the *******s
wanted to charge me for lending to them. No way.
The credit union pays interest on my savings account and gives me a
cheque book and a Visa debit card operating on that account for no
fees. I also have a Visa credit card which is charged to my savings
account on the 16th of the month for the previous month's purchases,
of course I need to have sufficient cash in the account to pay the
charge, usually I am about $500 ahead as I keep most in my internet
banking account which pays a much higher interest rate and just
transfer to the savings account as needed. The best part is that I
receive part of the commission received by the CU from Visa, it is not
much, I received $6.73 last month on about $1000 spending but it is
better than a kick in the behind. I always ask for a cash discount
and expect at least 3%, no cash discount then I pay by Visa.
I usually food shop on a Tuesday when the local supermarket has 5%
discount for pensioners - every bit helps when on a very limited
income.

Alan